Microsoft's latest earnings report reveals that its phone revenues fell by 71% year-over-year - but unlike in previous quarters, the company has chosen not to reveal exactly how many handsets it sold.
Fy 2016 RSS
Microsoft reported a strong fourth quarter fuelled by solid growth in its cloud business, an increase in Office 365 subscribers, and a rise in Surface revenue - but its phone revenue fell by 71%.
Microsoft's Q3 2016 earnings were disappointing according to investors and the company's stock has taken a quick dive. However, its future outlook is considered stable and encouraging.
